Get Paid to Buy an Oversold SPY at a 10% Discount

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The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at the lowest levels since last March despite earnings rising. SPY stock reached historically oversold readings before bouncing. The CBOE Volatility Index is showing a buy signal — sell put spreads to be a buyer at a 10% discount. Source: Shutterstock Shares of the SPDR S&P 500....

The post Get Paid to Buy an Oversold SPY at a 10% Discount appeared first on InvestorPlace.

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